Finance
Legal protection from collection agency harassment for all of the consumers
Debt collection has been a growth industry thanks to the Great Recession. As millions of Americans struggle to pay any of their bills, creditors are unloading debt to their collection agencies for pennies on the dollar. The collection agencies are coming down harder than ever on hurting consumers. Consumer complaints about collection agency harassment are ...
Deceptive new credit card fees come from plunging consumer credit
Consumer credit dropped in May much further than was forecast, with the decline led by significant drop in credit card debt. Credit card delinquencies fell to an all time low rate since 2002. As Americans conserve more and borrow less, credit card companies are coming up with new methods to gouge customers. New credit card ...
EPPICard has the fees to make up for less frequent phishing
EPPICard is designed to make it easy to claim unemployment or disability benefits, but it hasn't always been so easy. The ATM card-style distribution system was designed to make it easy for the unemployed to access their benefits money. But as numerous media sources have reported, there have been significant issues with the program. According ...
SEC confused by Peer To Peer lending
Peer-to-peer lender Prosper has started a debate over the right of the SEC to regulate – or not – their industry. A new industry, the peer to peer lending model is a Silicon Valley startup that directly connects investors with borrowers, effectively cutting banks out of the lending equation. The SEC calls these businesses investment ...
Private money lenders in Ogden, Utah limited by ordinance
Within Ogden city limits, a new city ordinance limits the number of private money lenders that can operate. This new ordinance is not as stringent as the Ogden Planning Commission recommended. Current loan company in Ogden will not be affected.
The Ogden payday loan company ordinance
In Ogden, the number of companies that offer some type of ...
